China Last Night KraneShares Key News Asian equities were mixed overnight as equity markets in China, Taiwan, and Singapore gained while Hong Kong, India, and South Korea were off and Japan was closed...
Tag: PBOC
Evergrande Stock is Suspended in Hong Kong, PBOC May Act
Evergrande Group was suspended in Hong Kong on Monday. Additionally, Evergrande onshore bonds were suspended as well as Evergrande Property Services Group Ltd and Evergrande New Energy Vehicle Group L...
Liu He’s Speech Lifts Hong Kong
China Last Night KraneShares Key News Asian equities performed well overnight as the Hang Seng’s gained +7.04%, led by the strong performance of internet stocks following Vice Premier Liu He’s Wednesd...
Local Investors Less Pessimistic, Week In Review
China Last Night KraneShares Week in Review Last weekend was the start of China’s dual sessions, from which China’s GDP growth target of 5.5% for 2022 was announced along with a slew of supportive eco...
Meituan Shares Fall On NDRC Guidance, Week In Review
Week in Review Asian equities began the week lower as investors globally were risk-off on concerns about the Russia/Ukraine conflict. However, most major Asian indexes gained some ground back later in...
China Talks To France & Reports FDI Increase Of +11%
China Last Night KraneShares Key News Asian equities were mostly higher overnight following mixed performance in the US on Wednesday, though Japan, India, and the Philippines were off. It was a relati...
PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per Day – Bitcoin News
The People’s Bank of China (PBOC), the Chinese central bank, has revealed how its central bank digital currency (CBDC) is being used at the Beijing Winter Olympics. A top PBOC official says, “It seems...
PBOC Gets The Green Light To Ease As Inflation Moderates
China Last Night KraneShares Key News Asian equities had a strong day except for India’s small decline on Russia/Ukraine de-escalation hopes. China and Hong Kong had a good day driven by declining Chi...
Here’s how much digital yuan used at Olympics, according to PBoC
The 2022 Winter Olympics participants, visitors and organizers could be spending more than $300,000 in China’s digital yuan every day, according to new reports citing officials from the People’s Bank ...
Digital Yuan Impact Negligible, Says PBOC Official
The impact of the digital yuan on the financial sector has been negligible so far, according to an official from the People’s Bank of China. The total balance in digital yuan amounts to only 470 milli...
PBOC’s Night Moves Lift Stocks
China Last Night KraneShares Key News Asian markets were decidedly mixed as investors debate whether Russia will invade as southern Asian markets outperformed versus northern Asian markets’ weakness. ...
PBOC Cuts Loan Prime Rate, Hong Kong Outperforms
China Last Night KraneShares Key News Asian equities had a mixed day as Hong Kong and Japan outperformed and India underperformed. Remember Hong Kong internet outperforming and India underperforming i...
China’s PBoC rolls out the pilot version of e-CNY wallet
China is leading among other nations with its central bank digital currency. Last year, the government of the nation introduced its first national digital currency, digital yuan. As the nation steps u...